FX primary venues seek reversal of fortunes

EBS and Refinitiv fight to restore market share—but bilateral trading may be too entrenched, dealers say

Everyone can admire a good comeback, whether or not you like the result. Take the New England Patriots’ improbable victory from 28-3 in Superbowl LI or Ben Stokes’s Ashes-saving innings at Headingley in 2019.

Now, the two interbank trading venues for spot foreign exchange, EBS Market and Refinitiv Matching, are hoping for their own redemption story after years of dwindling volumes and questions over liquidity.

The platforms have embarked on an overhaul of their infrastructure and product range

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: